EY, proud Platinum Sponsor of the ICT spring 2011

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Luxembourg, 29 June 2011

EY proudly supported the ICT Spring 2011, worldwide 2 days event which took place on June 28 and 29 at Luxexpo, Luxembourg, and which brought together more than 1 500 ICT executives from Europe, America, Africa and Asia.

Ernst and Young’s sponsoring and involvement on the ICT Spring 2011

ICT (Information and Communication Technology) key market’s latest available resolutions unveiled, social networks, mobile trends, security applications, data centers, e‑commerce…and hot upcoming ICT topics have been discussed through more than 140 expert demos. EY was a platinum sponsor of this professional event which was the key place to meet and share with international ICT leaders and high potential startups coming from every continent.

EY welcomed its clients and foreign minds of Industry on a dedicated stand within the Advisory and Consulting Village.

Olivier Lemaire, Telecommunication, Media and Technology practice leader, Bart Van Droogenbroek, Global Tax Telecommunication Sector leader, Yannick Zeipen, VAT Partner, Mark Secker, Technology Partner from EY San Jose, and Ajay Bali, Advisory Expert from EY India presented our expertise’s through 2 workshops and 2 panels on issues such as Mobile Money, Structuring Global ICT operations, VAT changes for e-commerce services, as well as the development of on-line and social gaming. Mark Secker summarized: “Smart mobility, supported amongst others by cloud computing, may well be the biggest change of our generation for businesses and for personal lifestyles. More and more, any activity you can think about, you will be able to do it from wherever you are”.

Be Luxembourg connected with Ernst&Young!

“It may be true that, a few years ago, Luxembourg was not the first place that would naturally come to mind when deciding on the ideal location for a TMT (Telecom, Media and Technology) company to set up. Today, they are many of them because the country made the necessary investments to establish itself, over the years, as a platform for global and local TMT companies” highlighted Olivier Lemaire. Indeed, Luxembourg has several key criteria requested by entrepreneurs to select a location and more particularly for TMT companies: it has a strategic geographical location with diverse, multilingual and multicultural workforce. Furthermore, the strong political and social stability of the country, coupled with a business-minded administration constitute a great asset for the country. Last but not least, Luxembourg has developed state of the art ICT infrastructure with outstanding connectivity which is a key criteria for TMT companies.

“In Luxembourg, EY has invested in the TMT industry for many years and was an “early believer” of Luxembourg as the place to be for TMT. More particularly over the last 10 years, we assisted a significant number of TMT companies to establish and structure themselves in Luxembourg. Today, we have more than 50 professionals, across audit, tax, advisory and transactions support, who are specialized and dedicated to serve TMT companies” added Olivier Lemaire.

“In addition, our 3 Global Centers of Excellence for Media & Entertainment, Technology and Telecommunications help us locally and around the world to share experiences and insights on current and emerging industry issues with our clients” added Bart Van Droogenbroek. This helps quickly identify new issues arising in the sector, and work to respond to these issues at clients across tax, assurance, advisory and transaction support, appropriately and rapidly.

ICT Spring 2011, a second edition not too be missed

After 2010 success, Luxembourg deserved one more time, to host a global event devoted to boost ICT innovation, help startups, attract companies, and promote our country as the European ICT place to be. This was an unique opportunity to meet 1500 experts, incubators & venture capitalists, exchange with 120 ICT exhibitors, take part in 80 revolutionary startups demos, 60 expert masterclasses, and 5 keynote conferences with speakers such as Saeed Amidi, CEO Plug and Play tech Center, Jean Michel Billaut, President and Creator of Atelier BNP Paribas, Bernard Liautaud, Balderton capital partner and Business Objects founder, Gerard Lopez, Chairman genii Capital, Founder mangrove Capital partners, Chris Redlitz, Transmedia Capital General Partner, and Brian Wong, founder and CEO of kiip.me For further information: http://www.ictspring.com

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